115 ALLEN Street
Waterloo, Ontario
3 bed • 1 bath • Single Family
Welcome to this unique investment opportunity located at 115 Allen Street East in Waterloo, situated on an expansive 40' x 266' lot in the prime Mary Allen neighborhood. This 1,677 sq ft home offers significant potential for a custom build or a full renovation. The property is zoned Res-4 and features three bedrooms, one bathroom, separate living and dining rooms, and an unfinished attic. Additionally, the site includes ample parking and a large 16' x 30' garage/shop equipped with 240v set up for woodworking equipment, a partial basement and attic space. The location is highly connected, offering close proximity to Mary Allen Park, the Spur Line Trail, Google, Grand River Hospital, Uptown Waterloo, and Downtown Kitchener. This is a rare chance to unlock the full potential of a property in a rapidly growing community. Please contact me to schedule a viewing or for further information.
Price History
Schools
Elementary
- Elizabeth Ziegler Public School0.2 km
Public · Waterloo Region DSB · 510 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 47% met the provincial standard
- École élémentaire L'Harmonie1 km
French public · CS Viamonde · 290 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 79% met the provincial standard
- MacGregor Public School1.1 km
Public · Waterloo Region DSB · 510 students
Secondary
- Kitchener Waterloo Collegiate and Vocational School1.1 km
Public · Waterloo Region DSB · 1650 students
Grade 10 literacy: 88% met the provincial standard
- Bluevale Collegiate Institute1.7 km
Public · Waterloo Region DSB · 1115 students
Grade 10 literacy: 88% met the provincial standard
- Waterloo Collegiate Institute2.1 km
Public · Waterloo Region DSB · 1480 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2J
- Population
- 20,899
- Private dwellings
- 10,672
- Median age
- 36.8
- Average household size
- 2.2
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Waterloo · last 12 months
- Median sold price
- $691,000
- Homes sold
- 1,040
- Median days on market
- 21
- Sale-to-list price
- 99.8%
Based on 1,040 recorded sales of single family properties in Waterloo over the last 12 months.
Location
Street View
Mortgage Calculator
$149,980
Estimated Monthly Payment
$3,684
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $3,684/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $187/mo
Estimates only. Consult a financial advisor.
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